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Margaret M And Robert D Walter Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$5.9M (2024)

Expenses
$3.29M (2024)

Total Assets
$90.8M (2024)

Total Liabilities
$52.4k (2024)

Source: Form 990 tax filings from 2014 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,903,755
Expenses
$3,294,663
Net Income
$2,609,092
Net Assets
$90,703,600
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,998,789
33.9%
Interest Revenue $0
Dividends $1,514,121
25.6%
Sales of Assets $2,390,845
40.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,968,427
90.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $90,755,991
Total Liabilities $52,391
Net Assets $90,703,600
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Jodi C Fransen (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0
Margaret M Walter (Director) $0 $0
Matthew D Walter (Director) $0 $0
R Blane Walter (Director) $0 $0
Peter A Walter (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,207,614
Expenses
$3,227,483
Net Income
-$1,019,869
Net Assets
$84,298,391
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,641,203
74.3%
Sales of Assets $566,411
25.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,765,304
85.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $84,338,126
Total Liabilities $39,735
Net Assets $84,298,391
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Jodi C Fransen (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$34,944,339
Expenses
$3,020,472
Net Income
$31,923,867
Net Assets
$77,970,322
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $21,100,000
60.4%
Interest Revenue $0
Dividends $1,438,125
4.1%
Sales of Assets $12,406,214
35.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,723,528
90.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $78,172,468
Total Liabilities $202,146
Net Assets $77,970,322
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Jodi C Fransen (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$12,496,920
Expenses
$2,150,401
Net Income
$10,346,519
Net Assets
$66,691,733
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $8,026,638
64.2%
Interest Revenue $0
Dividends $1,025,581
8.2%
Sales of Assets $3,444,701
27.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,024,730
94.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $66,740,754
Total Liabilities $49,021
Net Assets $66,691,733
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks Thru 41221 (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0
Jodi C Fransen From 41221 (Treasurer And Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,174,909
Expenses
$2,102,542
Net Income
$7,072,367
Net Assets
$52,829,746
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,996,125
43.6%
Interest Revenue $8
0.0%
Dividends $856,458
9.3%
Sales of Assets $4,322,318
47.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,060,027
98.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $52,868,723
Total Liabilities $38,977
Net Assets $52,829,746
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,072,681
Expenses
$2,078,840
Net Income
-$6,159
Net Assets
$44,576,878
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,865
0.4%
Dividends $955,654
46.1%
Sales of Assets $1,108,162
53.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,020,000
97.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $44,576,879
Total Liabilities $1
Net Assets $44,576,878
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,217,636
Expenses
$1,871,453
Net Income
$346,183
Net Assets
$41,310,567
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,902
0.6%
Dividends $763,356
34.4%
Sales of Assets $1,440,378
65.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,425,585
76.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $41,310,567
Total Liabilities $0
Net Assets $41,310,567
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$30,834,316
Expenses
$1,314,788
Net Income
$29,519,528
Net Assets
$40,833,501
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14,949,556
48.5%
Interest Revenue $4,756
0.0%
Dividends $547,355
1.8%
Sales of Assets $15,332,649
49.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,173,000
89.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $40,833,501
Total Liabilities $0
Net Assets $40,833,501
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Scott G Heitkamp (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,426,288
Expenses
$998,209
Net Income
$17,428,079
Net Assets
$26,402,895
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,943,065
21.4%
Interest Revenue $0
Dividends $504,930
2.7%
Sales of Assets $13,960,589
75.8%
Other Income $17,704
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $607,118
60.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $26,402,895
Total Liabilities $0
Net Assets $26,402,895
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Raymond J Biddiscombe Thru 61516 (Assistant Treasurer) $0 $0
Scott G Heitkamp From 61516 (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$22,173,122
Expenses
$338,203
Net Income
$21,834,919
Net Assets
$12,945,860
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $10,906,874
49.2%
Interest Revenue $0
Dividends $227,140
1.0%
Sales of Assets $11,039,108
49.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,800
9.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,945,860
Total Liabilities $0
Net Assets $12,945,860
Compensation
Key Employees and Officers Compensation Other
Robert D Walter (President & Director) $0 $0
George H Bennett Jr (Vice President) $0 $0
Karyn S Hendricks (Treasurer And Secretary) $0 $0
Raymond J Biddiscombe (Assistant Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$12,902,510
Expenses
$0
Net Income
$12,902,510
Net Assets
$2,017,807
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $12,902,510
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,017,807
Total Liabilities $0
Net Assets $2,017,807

Document Links

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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